Real Estate
Watch for real estate frauds involving private mortgages
In a hot real estate market fraudsters are even more motivated than usual – there is a lot of money to be had and lawyers are common targets. LAWPRO is seeing a significant increase in the number of real estate frauds involving private mortgages. The Toronto Police Service recently issued a news release about ongoing… Read More »
Categories: Fraud, Online Only, Real EstateThe Top 10 Changes to the Planning Act You Need to Know About and Why
The anachronistic provisions of the Ontario Planning Act (the “Act”) and the red tape they created have frustrated lawyers and property owners for many years. The government has listened, and after consultations with many stakeholders over the last two years, long overdue changes are finally here and will be in place (subject to proclamation) starting… Read More »
Categories: Articles, Real EstatePersistence and Precision Bring Long Needed Changes to the Planning Act
Comments from Ontario Attorney General Doug Downey As Attorney General I have made it my business to jump start and accelerate access to Ontario’s outdated justice system. The work to move the system forward by decades in mere months began before the COVID-19 pandemic, and by working in new ways with our partners we have… Read More »
Categories: Articles, Real EstateIntroducing the new TitlePLUS: Launching May 17
The new TitlePLUS is launching on May 17 and is better than ever. It’s a one-stop shop to purchasing title insurance that busy legal professionals expect. Within minutes, you can complete an easy online application and receive a user-friendly title insurance policy that automatically includes legal service coverage. Backed by LAWPRO®, TitlePLUS is the only… Read More »
Categories: Real Estate, Title insurance, TitlePLUSTips for real estate lawyers in the Covid residential purchase, refinance and home renovation marketplaces
Brought to you in partnership with the Toronto Lawyers’ Association, this program looks at the trends of hot and cool markets, provides tips on providing guidance to clients looking for help with home renovations, opportunities for lawyers to provide enhanced legal services at the start of a purchase transaction, and more
Categories: Communications Errors, CPD, Cyber dangers, Fraud, Inadequate Investigation, Marketing, Real Estate, Title insuranceReal estate fraud: Keeping up the fight
Join Nadia Dalimonte, Manager, TitlePLUS Claims and Counsel, as she reviews various types of fraud, and provides tips and resources to help you avoid them.
Categories: CPD, Cyber dangers, Fraud, Real Estate“Zombie” transfers can come back to haunt you
The bottom line: A dead person cannot convey an interest in land A “zombie” deed/transfer refers to a land transfer registered after the death of the transferor as if the transferor is still alive. There has been much debate around the use of “zombie” deeds – a recent case attempts to put the debate to… Read More »
Categories: Online Only, Real EstateDid you know that some title insurers include exceptions to fraud coverage for private lender transactions where the mortgage funds are not paid to acceptable parties?
In light of the commonly held view that real estate is a safe investment, many individuals use mortgage investments to supplement income or as a means of saving for retirement. Unfortunately, a reality of the current real estate landscape is that private lenders are often the target of identity frauds. A title insurance policy generally… Read More »
Categories: 2020 January - Finding Your Way, Articles, Practice Tips, Real Estate, Title insuranceTools for a strong foundation: Resources every real estate lawyer should know about
A successful real estate practice needs a variety of tools and resources. Here are four great resources that are a good starting place to find the right tool for whatever issues come to your practice. Real estate file management checklist: Real estate continues to be LAWPRO’s second largest claims area by count and cost, and… Read More »
Categories: 2020 January - Finding Your Way, Real EstateFraud for Shelter Update
With housing prices on the rise, more rigorous mortgage rules, and the resulting difficulty for some Ontarians to purchase property, real estate lawyers should be mindful of fraud for shelter. Fraud for shelter differs from traditional real estate frauds. Usually in a real estate fraud, the goal is to fraudulently sell the property or to… Read More »
Categories: Fraud, Online Only, Real Estate